State-licensed marijuana market expected to bring in about $636 million in taxes

9/19/14–The state’s legal recreational marijuana market is expected to bring in about $636 million in taxes to state coffers through the middle of 2019, thumb according to an economic forecast released Thursday. The forecast by the Economic and Revenue Forecast Council showed that just over $25 million from a variety of marijuana-related taxes — including excise, sales, and business taxes — is expected to be collected through the middle of next year. Read